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Korean Citizens’ Groups Urge Expanded Disclosure of Diet Members’ Assets and Include Spouse’s Assets in Public Investigations

The Korean citizen group "Improvement Network for Property Disclosure and Information Disclosure System" recently urged the expansion of the scope of property disclosure for congress members, including the disclosure of spouses' assets, and a comprehensive investigation of the virtual assets of all members.

The group believes that the current rules only require members to declare their own virtual assets, which may lead to the neglect of assets under their spouses' names. In addition, the reporting entity is a parliamentary advisory body without investigative powers, which also has limitations.

Previously, according to the new law requirements, the parliamentary advisory body had already self-reported the virtual assets of all incumbent members.

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